FY2026 Fair Market Rents — North Slope Borough, AK
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,115
1BR
$1,239
2BR
$1,625
3BR
$1,958
4BR
$2,664
Hours/week at min wage
97 hrs
to afford the 2BR FMR @ $13.00/hr (AK)
YoY change (2BR)
-10%
$180 vs FY2025 · 5-yr +14.5%
Voucher payment standard
$1,463–$1,788
PHAs set HCV payment at 90–110% of the 2BR FMR
North Slope Borough, AK
Non-Metropolitan area · AK · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,115 | $13,380 |
| 1-Bedroom | $1,239 | $14,868 |
| 2-Bedroom | $1,625 | $19,500 |
| 3-Bedroom | $1,958 | $23,496 |
| 4-Bedroom | $2,664 | $31,968 |
Recent 2-Bedroom FMR Trend
FY2020 $1,482 → FY2026 $1,625
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,115 | $1,239 | $1,625 | $1,958 | $2,664 |
| FY2025 | $1,238 | $1,376 | $1,805 | $2,175 | $2,393 |
| FY2024 | $1,288 | $1,447 | $1,901 | $2,299 | $2,532 |
| FY2023 | $1,188 | $1,349 | $1,776 | $2,162 | $2,386 |
| FY2022 | $1,074 | $1,224 | $1,611 | $1,991 | $2,185 |
| FY2021 | $1,070 | $1,077 | $1,419 | $1,765 | $1,924 |
| FY2020 | $1,111 | $1,190 | $1,482 | $1,847 | $2,008 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $115,600
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $24,300 | $27,800 | $34,150 | $41,250 | $48,350 | $55,450 |
| 50% AMI (Very Low) | $40,500 | $46,250 | $52,050 | $57,800 | $62,450 | $67,050 |
| 80% AMI (Low) | $64,750 | $74,000 | $83,250 | $92,500 | $99,900 | $107,300 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$19,500/yr
FMR as % of Area Median Income
16.9% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$65,000/yr
$5,417/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $1,011 | $1,156 | $1,300 | $1,560 | $1,676 |
| 60% AMI Maximum | $1,213 | $1,387 | $1,560 | $1,872 | $2,011 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $1,115 | $1,239 | $1,625 | $1,878 | $1,878 |
| Low HOME Rent | $1,012 | $1,156 | $1,301 | $1,445 | $1,561 |
Compare North Slope Borough, AK With Other AK Metros
vs. Anchorage, AK HUD Metro FMR Area
vs. Fairbanks, AK MSA
vs. Matanuska-Susitna Borough, AK HUD Metro FMR Area